Gold, The Great Depression and the On-going Monetary System Bank Run By Hubert Moolman 21 May 2023 We are in the midst of a system bank run, which are in the greater sense really a bank run on the United States of America, the issuer of the reserve currency of the world. The nations that…
This makes perfect sense in these time, since it is all about the US dollar.
It is the the massive debt. It cannot be serviced. It will collapse the whole system.
The US dollar cycle has turned and is likely to be under severe pressure over the coming months. This will significantly support USD gold prices.
For now, they all provide “crisis value”, by simply being an acceptable fiat alternative to many.
The current year has a lot in common with 1973 (as illustrated in previous posts), and I have every expectation that we will see a great year for gold and silver prices.
The last time there was a decline close to this magnitude,there was a sharp deflationary recession. That was the one that occurred from 1920 to 1921.
There is a problem however. One of them appears to be “lying.” There is no way that both of these can be starting a new bull market.
Is The 50-year Gold Stocks Bear Market Ending ?
Once interest rates had bottomed, there were always going be extremely favourable conditions for a gold bull market
I have shown how we could be close to major financial/monetary crisis. The following chart that shows the ratio of gold to the monetary base was used:
Gold is moving closer to confirming a multi-year bull market per my long-term comparison. A decisive mover higher than the $1375 area would be confirmation of the bull.
we could be close to major financial crisis with the monetary system at the center
A key difference between silver and gold prices is the fact that silver already bottomed in 1993, whereas gold bottomed only in 1999.
We are getting very close to what I believe is the final confirmation of the coming multi-year gold bull market.
Is The 50-year Gold Mining Bear Market Coming To An End? By Hubert Moolman 22 August 2018 Gold stocks is in a 50-year bear market when measured in gold. This (very) roughly means that on average, it has been more economical to buy gold rather than to mine it. Interestingly, South African gold mining production…
By Hubert Moolman 10 August 2018 Let’s take a look at gold priced in oil (WTI Crude), the Dow and US dollars: Above, is gold priced in oil from 1983 to now. Price has moved in a large channel before it broke out at the end of 2014. This is really significant given the importance…
The pressure on the current monetary establishment has been building steadily. Just because gold and silver has not made a major move up, does not mean that the terminal illness of the international monetary system has now gone away. On the contrary, its imminent demise is now more certain, given the various financial confirmations (see…
It really should be clear that a major international banking crisis is inevitable, and likely to occur fairly soon. Due to the extreme debt levels, many banks are close to that point of failure.
One of the biggest obstacles is the fact that unlike the 1983 scenario, we are currently right after a major interest rate bottom. This prospect of higher interest rates going forward, will act like a strong wind pushing gold higher, while keeping debt-based assets, like the Dow and bonds, down
Gold Price Forecast 2018/2017: Gold’s Big Move Gold is currently trading near a critical level, from where a massive move up or down is imminent. One of the measures that illustrate we are a close to a big move, is the following resistance line on the gold chart that I have previously highlighted. Below, is…
Silver Price Forecast – Gold Price Forecast – Gold and Silver: Boom or Bust? By Hubert Moolman Gold and silver prices are at a critical point. It appears that we will see massive price movements up or down, soon. Conditions are very similar to that of the early 80s (circa 1983), for example, when the…
Gold Price Forecast 2017/2016 The gold bull market is still very much intact. In fact, it appears that the all-time high could be taken out real soon. However, on the chart there is an obstacle that the gold price has to overcome. Another failure at this obstacle, and we could have a bigger drop than…
Gold Prices Forecast 2017 / 2016 The US Dollar Index is not a measure of the value of the US dollar relative to gold. However, there is a relationship between the US Dollar Index and gold price rallies. The best gold price rallies came during periods where the US dollar index was in a declining…
Gold Prices Forecast 2017/2016 I have compared the performance of the current gold bull market (since 2001) with the 70s one. Below is that comparison (chart from barchart.com): During the 70s bull market, gold went from $35 to $195 in the first phase. That was a 458% increase. The first phase of the current bull…
Are you ready for the next leg of deflation? Where the real pain will be felt (mainly) because the collapse of commodities and oil, in particular, will be accompanied by the collapse of the US stock market. Due to the size of the cycles involved, it is very difficult for most to comprehend the continued…
Gold Price Forecast 2017/2016 Gold is currently trading in excess of $1300 an ounce. This is well above the 1980 all-time high. However, this is an incomplete representation of what gold is trading at relative to US dollars. When you look at the gold price relative to US currency in existence (US Monetary Base), then…
Gold Price Forecast 2016: The gold price in South African Rand (ZAR) is often a leading indicator for a USD gold price rally, as well as major trouble in the financial markets. A good example of this was around August/September 2001, just before the September 2001 crash (which turned out to be a major turning…
Gold Price Forecast 2017: Fractal Analysis of US Dollar Index Suggests Massive Gold Rally Coming Below, I have done a fractal analysis of the US Dollar index (generated on tradingview.com). It shows that the US Dollar index is likely to drop over the next years; however, it appears to have started a new uptrend (read…
Silver Price Forecast 2016: There is only so much value in the world economy, and it is split between all the different instruments (like gold, silver, stocks, bonds, commodities, etc.) where value resides. For silver and gold to rise significantly, relative to other instruments of value, value will have to be diverted away from those…
Gold is currently trading in excess of $1200 an ounce. This is well above the 1980 all-time high. However, this is an incomplete representation of what gold is trading at relative to US dollars. When you look at the gold price relative to US currency in existence, then it is at its lowest value it has ever been. This is an example of how paper assets are completely out of tune with tangible (real assets).
It is often reported that governments and central banks have for years leased or sold their gold to bullion banks; therefore, they are unlikely to possess the tons of gold, they are said hold. Also, the bullion banks seem to be under enormous pressure recently. Just look at the recently reported spike in the gold coverage ratio on COMEX, with, there being over 200 ounces of paper gold claims for every ounce of deliverable gold (as reported on zerohedge.com)
It is scary to think that a debt of about half of all the estimated world gold reserves has been amassed in 7 years.
Silver price Forecast: Using Gold to Forecast Silver’s Final Blow-Off Rally I have previously written about how gold can be used as a leading indicator for silver. Using this principle, there is an indication that we are at or close to the period for a 1979/1980 style rally in silver. The following is a simple…
Silver and Gold Price Forecast 2013 Gold and Silver Rally Relative to the Dow Since the last update, the Dow has had a rally which exceeded the previous all-time high. The rally appears to be nothing significant, since it was likely just a retest of the previous breakdown – See the Dow -chart below (from…
Silver Price Forecast 2013: The Dow and Gold Silver Ratio Signals Coming Silver Rally The Dow, in particular, has been the biggest obstacle to a rise in precious metals, due to it sucking up most of the available value on global markets. However, it appears that this obstacle is now out of the way, with…
Gold Forecast 2013: On the Verge of a New Monetary Order and Gold’s Rise Silver Forecast 2013 The last three major bull markets of the Dow were followed by some type of economic crisis and a major bull market in gold. This is no coincidence, since these massive bull markets have been mostly driven by…
Gold Forecast 2013 – Silver Forecast 2013 The recent drop in gold and silver is not critical to buyers of physical metals. Instead, it is an opportunity – to buy more at lower prices; at worst, it is an irritation, since it means a longer wait. It would likely be critical only if the gold…
Gold and Silver Forecast 2013 For gold to rise to levels significantly higher than the recent high of $1920, a new impetus is needed. Without additional energy from such an impetus, gold could just trade sideways for a very long time, or even fall further. There is only so much value in the world economy,…
Gold Price Forecast: Gold Update Here are a few patterns that might explain the current fall in the gold price, as well as, provide the possible way forward. Below is a graphic (all charts are from fxstreet.com) which compares the current pattern on gold (about July 2011 to current) to a 2007 pattern: On both…
Hubert Moolman on SILVER and GOLD 